Net loss per Share

9 Months Ended

Oct. 31, 2022

Earnings Per Share [Abstract]

Net income (loss) per Share

Net Income per Share

Basic net income per share is calculated by dividing net income by the weighted-average number of common shares outstanding. Diluted net income per share is calculated by dividing net income by the weighted-average number of common shares outstanding plus the dilutive effect of stock award grants. The following table sets forth the computation of basic and diluted income per share:

	Three Months Ended				Nine Months Ended
	10/31/2022		10/31/2021		10/31/2022		10/31/2021
	(In thousands, except per share data)
Net income	$	7,875	$	1,325	$	12,471	$	1,176
Weighted average shares of common stock outstanding	16,211		16,033		16,118		15,927
Dilutive effect of common stock equivalents from equity incentive plans	38		49		18		36
Totals	16,249		16,082		16,136		15,963
Net income per share - basic	$	0.49	$	0.08	$	0.77	$	0.07
Net income per share - diluted	$	0.48	$	0.08	$	0.77	$	0.07